Indusind Bank, SBI shares among top gainers as BSE Sensex, NSE Nifty open in green today
The stock markets on Monday opened in the green after closing down on Friday. Both the BSE Sensex and NSE Nifty 50 were up by almost 0.8 per cent within minutes of the opening of the markets today
The stock markets on Monday opened in the green after closing down on Friday. Both the BSE Sensex and NSE Nifty 50 were up by almost 0.8 per cent within minutes of the opening of the markets today. While the Sensex was trading at 36,903.40, up by over 309 points soon after the markets opened, the broader market NSE Nifty 50 was trading 10,855.75, up by over 87 points around this time.
Barring 4 stocks, in the 30 share BSE Sensex, all were trading in the green in the early morning trade. The top gainers on Monday in the early trade were Bajaj Finance, Tata Steel, Indusind Bank, SBI and Infosys while the top losers were Bajaj Auto, TCS, Bharti Airtel, Mahindra & Mahindra.
Meanwhile, Indusind Bank, SBI, Bajaj Finance, Tata Motors and Tata Steel were the top gainers on Nifty Fifty on Monday in the opening trade. The top losers were TCS and Bharti Airtel.
Today, the USDINR futures were trading at 75.3125 around against the USD at 9:25 am on BSE.
On Friday, the Sensex ended at 36,594.33, falling by almost 0.4 per cent while the Nifty 50 closed at 10768.05, also down by over 0.4 per cent. The Indian stock markets traded with a negative sentiment with Nifty indices - Nifty Bank, Nifty Auto and Nifty Metal trading negatively. Nifty IT traded almost flat around this time while Nifty Pharma traded positively.
Asian shares got off to a firm start on Monday as investors wagered U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.15 per cent, having climbed sharply to a five-month peak last week on the back of surging Chinese stocks.
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Japan`s Nikkei gained 1.3 per cent and South Korea 0.9 per cent. E-Mini futures for the S&P 500 rose 0.2 per cent even as some U.S. states reported record new cases of COVID-19, a divergence that shows no sign of stopping.
Inputs from Reuters
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